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Advanced Enterprises reports year-end information from 2018 as follows: Sales (160,750 units) 000's96$ Cost of 643,000 pjos spoob ssoi9 margin 322,000 Operating expenses 000 297
Advanced Enterprises reports year-end information from 2018 as follows: Sales (160,750 units) 000's96$ Cost of 643,000 pjos spoob ssoi9 margin 322,000 Operating expenses 000 297 Operating $55,000 Income Advanced is developing the 2019 budget. In 2019 the company would like to increase selling pries by 12.5%, and as a result expects a decrease in sales volume of 9%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.
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